SCH VOYAGES: what changed
SCH VOYAGES
Largest movements
- Deferred charges and accrued income -€106,345
down €106,345 (-33.0%), from €322,678 to €216,334
- Receivables within one year +€18,282
up €18,282 (+82.3%), from €22,201 to €40,483
of which Trade receivables: +€18,830
- Tangible fixed assets -€10,953
down €10,953 (-6.9%), from €159,646 to €148,693
of which Furniture and vehicles: -€10,528
- Advances received -€116,789
down €116,789 (-29.5%), from €396,187 to €279,398
- Trade debts +€42,807
up €42,807 (+2,810%), from €1,523 to €44,330
- Accrued charges and deferred income -€25,777
down €25,777 (-61.5%), from €41,929 to €16,152
- Debts after one year -€9,596
down €9,596 (-11.4%), from €83,911 to €74,315
- Reserves +€8,636
up €8,636 (+77.5%), from €11,147 to €19,782
of which Distributable reserves: +€11,636
- Gross operating margin +€50,286
up €50,286 (+70.7%), from €71,114 to €121,400
- Staff costs +€34,233
up €34,233 (+89.5%), from €38,259 to €72,491
- Financial charges +€6,699
up €6,699 (+118%), from €5,684 to €12,383
- Depreciation +€6,679
up €6,679 (+49.0%), from €13,621 to €20,300
- Other operating charges +€1,641
up €1,641 (+141%), from €1,165 to €2,806
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €700,120 | €605,923 | -€94,197 | -13.5% |
| Fixed assets | 21/28 | €162,308 | €149,293 | -€13,015 | -8.0% |
| Intangible fixed assets | 21 | €2,062 | - | -€2,062 | |
| Tangible fixed assets | 22/27 | €159,646 | €148,693 | -€10,953 | -6.9% |
| Land and buildings | 22 | €130,261 | €129,836 | -€425 | -0.3% |
| Furniture and vehicles | 24 | €29,385 | €18,857 | -€10,528 | -35.8% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €537,812 | €456,630 | -€81,182 | -15.1% |
| Amounts receivable within one year | 40/41 | €22,201 | €40,483 | +€18,282 | +82.3% |
| Trade receivables | 40 | €19,704 | €38,534 | +€18,830 | +95.6% |
| Other amounts receivable | 41 | €2,497 | €1,949 | -€548 | -21.9% |
| Cash at bank and in hand | 54/58 | €192,933 | €199,813 | +€6,880 | +3.6% |
| Deferred charges and accrued income | 490/1 | €322,678 | €216,334 | -€106,345 | -33.0% |
| Total equity and liabilities | 10/49 | €700,120 | €605,923 | -€94,197 | -13.5% |
| Equity | 10/15 | €164,290 | €175,926 | +€11,636 | +7.1% |
| Contributions | 10/11 | €30,000 | €33,000 | +€3,000 | +10.0% |
| Reserves | 13 | €11,147 | €19,782 | +€8,636 | +77.5% |
| Non-distributable reserves | 130/1 | €3,000 | - | -€3,000 | |
| Reserves not available under the articles | 1311 | €3,000 | - | -€3,000 | |
| Distributable reserves | 133 | €8,147 | €19,782 | +€11,636 | +143% |
| Profit (loss) carried forward | 14 | €123,143 | €123,143 | = | 0.0% |
| Amounts payable | 17/49 | €535,830 | €429,997 | -€105,833 | -19.8% |
| Amounts payable after more than one year | 17 | €83,911 | €74,315 | -€9,596 | -11.4% |
| Financial debts | 170/4 | €83,911 | €74,315 | -€9,596 | -11.4% |
| Amounts payable within one year | 42/48 | €409,990 | €339,530 | -€70,460 | -17.2% |
| Current portion of amounts payable after more than one year | 42 | €6,287 | €6,419 | +€132 | +2.1% |
| Trade debts | 44 | €1,523 | €44,330 | +€42,807 | +2,810% |
| Suppliers | 440/4 | €1,523 | €44,330 | +€42,807 | +2,810% |
| Advances received on contracts in progress | 46 | €396,187 | €279,398 | -€116,789 | -29.5% |
| Taxes, remuneration and social security | 45 | €1,504 | €5,011 | +€3,507 | +233% |
| Taxes | 450/3 | €1,174 | €1,656 | +€482 | +41.0% |
| Remuneration and social security | 454/9 | €330 | €3,355 | +€3,025 | +917% |
| Other amounts payable | 47/48 | €4,489 | €4,372 | -€117 | -2.6% |
| Accrued charges and deferred income | 492/3 | €41,929 | €16,152 | -€25,777 | -61.5% |
| Remuneration, social security and pensions | 62 | €38,259 | €72,491 | +€34,233 | +89.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,621 | €20,300 | +€6,679 | +49.0% |
| Other operating charges | 640/8 | €1,165 | €2,806 | +€1,641 | +141% |
| Gross operating margin | 9900 | €71,114 | €121,400 | +€50,286 | +70.7% |
| Operating profit (loss) | 9901 | €18,069 | €25,802 | +€7,733 | +42.8% |
| Financial income | 75/76B | €5 | €1,031 | +€1,027 | +22,670% |
| Recurring financial income | 75 | €5 | €1,031 | +€1,027 | +22,670% |
| Financial charges | 65/66B | €5,684 | €12,383 | +€6,699 | +118% |
| Recurring financial charges | 65 | €5,684 | €12,383 | +€6,699 | +118% |
| Profit (loss) for the period before taxes | 9903 | €12,390 | €14,451 | +€2,061 | +16.6% |
| Income taxes | 67/77 | €4,243 | €2,815 | -€1,428 | -33.7% |
| Profit (loss) for the period | 9904 | €8,147 | €11,636 | +€3,489 | +42.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,147 | €11,636 | +€3,489 | +42.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.